2013 (November) – Old Syllabus Semester System
Commerce (General/Speciality)
Course: 102
Time: 3 Hours
New course (Business Laws)
Full Marks: 80
Pass Marks: 24
Or
(b) Write
the rules of contingent contracts.
2. (a) Distinguish between sale and agreement
to sale.
Or
(b) What
is warranty? Mention its essential elements. When a condition is treated as a
warranty?
3. (a) Define Bill of Exchange. Discuss its
essential elements.
Or
(b) Write
a note on the presumptions in respect of negotiable instruments.
4. (a) What is ‘complaint’ under the Consumer
Protection Act? Who can file a complaint?
Or
(b)
Discuss the composition of State Commission and its jurisdiction.
5. (a) Explain ‘person’ and person resident in
India’ under FEMA.
Or
(b) Who is
authorised person’? Elucidate the power of RBI to inspect authorized person.
6. Write short notes on: Void contract, Days
of grace, Price, Coercion
Also Read: Business Laws Question Paper Non-CBCS Pattern
7. Choose the correct answer:
(a) Offer and acceptance make contract/ agreement.
(b) Quasi-contracts are created by circumstances/ parties.
(c) Sale of goods Act was passed in 1830/ 1930.
(d) Implied warranties are written/ not written in a contract of
sale.
(e) In promissory note there are three/ two parties.
(f) Days of grace is allowed/ not allowed in cheque.
(g) Consumer protection Act recognizes eight/ six rights of
consumers.
(h) FEMA came into force from June 1, 1999/ 2000.